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Showing 1481 - 1490 of 4610 results for "RAISE"

Xinja funds platform for growth

OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
... equity crowdfund and interest continued to remain strong from previous and new investors who were keen to know when the next raise would be," he said. In October 2018, Xinja announced Brett King, former White House and US Federal Reserve adviser under ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
The sale of ANZ's pensions and investments business may take longer than anticipated with contracts now amended following APRA's regulatory action against IOOF. Providing a further update on the sale, ANZ said it has agreed an amendment with ...

VanEck drops fees on ETF

KANIKA SOOD  |  FRIDAY, 11 JAN 2019
Australia's first China A-shares ETF has knocked 12bps off its annual management fees, after a decision taken by the board in the United States. The VanEck Vectors ChinaAMC CSI 300 ETF (ASX: CETF) will now charge 0.60% instead of the 0.72%. The ...

Andrew Hagger to lead investment, philanthropy group

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
... ethical local businesses with impactful philanthropy," he said. "Nicola and I look forward to redoubling our efforts to raise Minderoo to the next level of growth."

IOOF appoints independent reviewer

DARREN SNYDER  |  TUESDAY, 1 JAN 2019
APRA's licence conditions imposed on IOOF require the wealth manager to begin 2019 with the appointment of an independent reviewer who will report to the regulator quarterly. The independent reviewer's role will be to report on IOOF's progress ...

Sahota's fund makes first close

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
Bob Sahota's private debt fund has made its first close, attracting an investor base of superannuation funds, family offices and other sophisticated investors. The Revolution Private Debt Fund I announced a first close on Wednesday. A second close is ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
We might just be heading to witness once again the truth about the old adage on Wall Street that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% ...

ASIC sharpens focus on managed accounts

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... insight into how advice is developed relating to managed accounts. The group's aim is to identify actual harms or concerns and raise awareness of potential harms or concerns. It will also provide the basis of a high level review of the regulatory framework ...

Chief economist update: The clown in the White House

BENJAMIN ONG  |  TUESDAY, 18 DEC 2018
... 2%-2.25%) rising by 25 bps to 2.25-2.5% at the conclusion of its 18-19 December FOMC meeting at 73.2%. Not only that, it would raise questions about the Fed's optimism over the outlook for US economy and doubts over its independence from Trump should ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... on-market buybacks. No additional capital was raised in listing the fund. "We could have done a listed vehicle years ago to raise capital but we have always wanted to cap the capacity of our funds," he said. Ophir has an investment team of five and two ...